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Islamic banking is steadily moving into the mainstream of conventional financial systems and has remained largely insulated from the global credit crisis. It is expanding not only in the Muslim world, but also in other countries where Muslims are a minority, notably Britain, France, the US and even Japan. The industry has grown at a prodigious rate of 15-20% annually over the past decade; a trend that is likely to continue as the economic and construction boom in the Middle East and Asia regions will boost the value of Shariah assets. More... |
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As the US election looms, American leaders boast that the jihadists have been defeated, but, intelligence analysts warn, they are far from beaten and remain ‘the most serious terrorist threat to the United States’. By Ed Blanche More... |
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The wetlands of Iraq and the Marsh Arabs that lived there were a source of fascination and inspiration for centuries until, in an act of barbarism, former president Saddam Hussein ordered that they should be drained. Now, an exciting new plan aims to reclaim areas of the devastated wetlands and attempt to return them to their former glory. By Thomas Land More... |
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Current Affairs Comment The Al Qaeda Enigma Palestine: Running out of time Israel: Ready to give peace a chance? Israel: Looking at Livni Afghanistan: Promises, promises Refugees waiting for the right to return A tangled web Egypt: Signs and wonders Attack on Iran not ruled out Iraq: a success or just a political ball game
Business and Finance Special Report: Islamic banking Oil’s troubled waters The profits of piracy soar Gulf set to weather financial storm
Mosaic Iraq: A return to the marshes? Egypt: A clash of civilisations A village called Jimzu Books Eid around the world 74
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